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Monday, April 23, 2012

DAX target at 6,400. 2012.04.23

DAX Index dropped today and it is practically retesting the previous local lows in the 6,550 area.

One of the previous analysis outlined the importance of the 6,270-6,480 area as a target and support for the price on the mid-term. The high volatility in the past few weeks shows the market corrective phase and the political aspects of France are looked as negative for the market.



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